Vice-chairman of Samsung Electronics was found guilty of bribery and embezzlement
Despite Lee Jae-Yong's absence Samsung Electronics has reported stellar profits in recent months
Samsung Electronics vice chairman Lee Jae-Yong was arrested earlier this month
The refusal comes aas a setback to prosecutors probing a corruption scandal engulfing President Park Geun-Hye
Samsung predicts $3 billion-plus in lost profits
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